Reports zero revenue from operations in FY26, with a standalone loss before tax of Rs 28.20 lakhs widening from Rs 16.85 lakhs the prior year, and consolidated loss of Rs 28.23 lakhs. Operates in a single reportable segment described internally as 'Software Sector' and holds a 99.99% stake in Indonesian subsidiary PT Virya Resources Indonesia. Total assets stand at Rs 6.85 crore against a net worth of Rs 5.16 crore as of December 2025. In February 2026, it signed a 3-year Management and Strategic Partnership Agreement with its Singapore-based ultimate holding company Magma Capital Resources Pte Ltd (MCR), under which it will act as Lead Manager for specified MCR Group businesses and is entitled to 51% of the Net Operating Margin from those managed businesses — no revenue has yet been recorded under this arrangement. Quarterly operating costs come in at Rs 4.33 lakhs in Q2 FY26 standalone, with standalone cash on hand nearly depleted at Rs 0.24 lakhs and Rs 58.29 lakhs of new long-term borrowings taken on during the year. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Lead Management services for MCR Group businesses, Software Sector. Small, low-activity BSE-listed entity with no operating revenue and a recently signed related-party management services agreement
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 0 | 0 |
| EBITDA (ex other income) | (0) | (0) |
| margin % | — | — |
| Owners' profit | (0) | (0) |
| EPS, as reported (₹) | 0.00 | 1.88 |
| ROE % · ROCE % | (3.1) · (3.1) | (5.4) · (4.7) |
| Debt / equity (x) | 0.13 | 0.15 |
| Cash from operations | (1) | (0) |
| Capex | 0 | 0 |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | (0) | (0) | (0) | (0) | (0) | (0) |
| Net profit | 0 | (0) | (0) | (0) | (0) | (0) | (0) |
| EPS (₹) | (0.52) | (0.27) | 0.00 | 0.71 | 0.29 | 0.33 | 0.56 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KESAR INDIA LIMITED | 3,371 | 89.5 | 13.53 | 73.2 | 12.0 | 15.2 | — | 26.9 |
| MEGHNA INFRACON INFRA L | 1,482 | 218.6 | 55.08 | 145.4 | 20.8 | 33.9 | — | 15.3 |
| India Homes Limited | 1,076 | — | 29.06 | — | (31.0) | (17.8) | — | — |
| B-RIGHT REALESTATE LIMITED | 950 | 26.5 | — | — | — | 19.2 | — | — |
| YOGI LTD. | 678 | 32.6 | 4.77 | 26.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Virya Resources 40th AGM notice and annual report FY26 | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Virya Resources submits 40th Annual Report, AGM on Sep 29 | compliance | minimal | — | — |
| 1 Sept 2026 · Board approves 40th AGM notice; book closure Sep 19-28, 2026 | board shareholder meetings | low | — | — |
| 28 Aug 2026 · Board meeting on 1 Sep 2026 to consider 40th AGM related matters | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Virya Resources Q1 FY27 results: Revenue Rs 1 lakh, net loss Rs 9.83 lakh | results | high | — | — |
| 6 Aug 2026 · Board meeting on 13 Aug 2026 to consider Q1 FY26 results | results | low | — | — |
| 20 Jul 2026 · Virya Resources files quarterly demat compliance certificate under SEBI Regulation 74(5) | compliance | minimal | — | — |
| 25 Jun 2026 · Trading window closed for insiders at Virya Resources | compliance | minimal | — | — |
| 29 May 2026 · With reference to the above subject, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. 29.05.2026 has considered and approved the following: 1. .... | results | medium | — | — |
| 29 May 2026 · With reference to the above subject, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. 29.05.2026 has considered and approved the following: 1. .... | results | medium | — | — |
| 14.9 |
| 15.6 |
| — |
| 5.1 |
| SHRADDHA PRIME PROJECTS L | 650 | 11.6 | 4.76 | 11.2 | 39.1 | 20.2 | — | 16.1 |
| HAZOOR MULTI PROJECTS LTD | 556 | 7.5 | 0.89 | 3.7 | 6.8 | 5.8 | — | 86.5 |
| RDB REAL ESTATE CONS L | 352 | 27.4 | 1.33 | 26.5 | (3.3) | (0.7) | — | 3.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 426.2 | 16.7 | 82 of 84 | 2% |
| P/B | 23.1 | 1.1 | 66 of 69 | 4% |
| ROCE | (4.7) | 2.0 | 81 of 93 | 13% |
| ROE | (5.4) | 2.9 | 74 of 85 | 13% |
| Debt / Equity | 0.1 | 0.1 | 44 of 85 | 49% |
| Profit growth | 41.9 | (48.8) | 19 of 79 | 77% |
| Market cap | 121 | 33 | 20 of 86 | 78% |
| Where a broker report shows | This document shows | Why |
|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
